Sublease listings are products where the company pays a monthly amount to the owners, regardless of whether there are reservations or not.
It is a partnership model used by companies with great need to expand portfolio, for listings with great strategic amount for the brand or other unusual market situations.
What you will find in this article
- How to indicate that a listing is sublease?
- Sublease listings and the commercial routine
- Sublease listings and the financial routine
How to indicate that a listing is sublease?
This indication is made from the listing page, in the [Finance > Contract Configuration] tab from the field below:
Sublease listings and the commercial routine
Stays.net has filters in all the reservation routine screens to help your team always find the sublease listings available for the period under negotiation.
The ideal is that they should be the first products to be commercialized and offered, so your team can generate only the listings of this type from the Owners partnership regime filter, as the example below in the Offers & Promotions > Reservation offers screen.
These filters are located in the More Filters area of the search bar of the screens about reserbvation and calendars routines.
In addition to this filter, you will be able to place these listings as top priority for searches on the website, which will always make them appear as first options in guest searches, in case they are available for the period! I want to know more...
Sublease listings and the financial routine
As it is a fixed amount paid monthly to the owners of the listings, there is no need to perform reservation forward routine in these listings, so for managing your payments, you can follow the steps below:
Steps | Resume | Details | |
| 1 | Define the model of listing business | As there is no forward, the ideal is for you to indicate that your company is the owner of the listing, in order to avoid conflict with the automated forward routine and other fields about this area. | SEE DETAILS |
| 2 | Register the owners as providers | This will serve to relate this information to the recurring account and serves to filter the transactions and obtain information more easily for future inquiries. | SEE DETAILS |
| 3 | Create recurring transactions for listing rental | The amount paid to the owners must be a recurring item in your Finance Payable Accounts routine. It is a transaction of your company and do not forget to link it to the listing and your "owner provider" registered in step 1. | SEE DETAILS |
Now that you already know how to manage sublease listings, how about checking out more related subjects?
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